The contracts were agreed to last week and finalized on Wednesday, with Vanderbilt getting a three-year, $18.3 million deal and McLaughlin getting a three-year deal worth about $6.5 million that comes with a team option for the third year.
The 6-foot-9 Vanderbilt averaged 5.4 points on 60.6% shooting, 5.8 rebounds and 17.8 minutes in 64 games last season, his first full season with Minnesota. Vanderbilt gives the Timberwolves another option at a power forward spot they have been trying to enhance for several years. They also acquired Taurean Prince in a trade last month with Cleveland and return Jaden McDaniels after a promising rookie season.
McLaughlin averaged 5.0 points, 3.8 assists and 18.4 minutes in 51 games last season, his second season with the team. He’ll provide depth at point guard behind D’Angelo Russell and Patrick Beverley, who arrived in a trade with Memphis.
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